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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Austin Neighborhood Guide
Lakeway homes for sale in 78734. Lake Travis ISD, waterfront living, multiple golf courses, resort lifestyle. $680K median. Austin's #1 team.
Lakeway in 78734 has a median home price around $1.01M. Zoned to Lake Travis ISD. 157 listings currently available. Keenan Group - #1 Austin team, 25+ years, 1,000+ transactions.
Source: Keenan Group at Compass Real Estate, Austin TX
Luxury Buyer Fit Snapshot
Buyer Fit
Best for buyers targeting $1.01M+ opportunities in Lakeway.
Lifestyle Fit
Real experiences from buyers and sellers in this neighborhood
My husband and I made an unexpected move to Austin recently. Joe Keenan and Cara Keenan made it possible for us to not only find a beautiful home that fits our needs but also gave us the knowledge and understanding of the area so we could make an educated decision. From the time we met Joe Keenan and Cara Keenan, they made us feel welcome and went the extra mile to make sure we had all the information we needed on each of the properties we looked at. They also introduced us to Austin in a way that friends would do. They told us about all the great places to eat, visit, and hang out. They both always made us feel like we could bring up any and all concerns we had and gave us the information we needed. Even after the close of escrow, they continue to check in on us to make sure everything is going well and that we have everything we need to begin to settle in this beautiful city. Thank you, Joe Keenan and Cara Keenan, for your hard work!
S.K.
Relocation Buyer from Out of State
Lake Travis ISD (78734) helps anchor school-driven search and day-to-day livability.
Seller Fit
157 active listings means pricing precision and premium positioning matter for faster offer quality.
Keenan Group Authority
Lakeway is 25-35 minutes from downtown Austin during off-peak hours via Highway 71 or FM 620. During peak rush hour, the commute can stretch to 40+ minutes. Bee Cave and Hill Country Galleria are 10-15 minutes east. Austin-Bergstrom Airport is 35-45 minutes away.
Lakeway is primarily in ZIP code 78734. This ZIP covers the incorporated city of Lakeway and surrounding areas along the south shore of Lake Travis.
Lakeway is served by Lake Travis ISD. The school path includes Lake Travis Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis High is consistently rated among the top public high schools in the Austin metro and is known for its athletics programs, including multiple state football championships.
Lakeway and Bee Cave share Lake Travis ISD but offer different lifestyles. Bee Cave is 10-15 minutes closer to Austin with better retail (Hill Country Galleria). Lakeway has more waterfront access, a resort community identity, and three golf facilities. Bee Cave's median price ($895K) is higher than Lakeway's ($680K) because of more new-construction single-family inventory.
The Keenan Group is the #1 Austin Board of Realtors Team (2024) with 25+ years selling Lake Travis waterfront and Lakeway properties. With $1B+ in career sales, we help buyers navigate waterfront complexities including LCRA dock permits, water-level impacts, and waterfront valuation. Contact us at (512) 415-7653.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) with 25+ years serving Lakeway. Joe and Cara Keenan have completed 1,000+ career transactions and $1B+ in career sales volume, with deep expertise in Lakeway pricing, schools, and market dynamics. Their 8-person team includes specialists in residential sales, relocation, and new construction. Contact Keenan Group for a confidential consultation: (512) 415-7653.
Current live MLS market data for Lakeway shows median pricing around $1,011,000. Prices range significantly by product type, size, condition, floor plan, and proximity to amenities. For exact median price, price bands, sales-through, and a property-specific valuation, contact the Keenan Group for a market brief.
Lakeway is a residential neighborhood in Austin, Texas (ZIP 78734) known for Lake Travis ISD school context, established tree canopy, and proximity to downtown Austin. Current market data shows median pricing around $1,011,000, and pricing should be reviewed by price band, property type, and recent sales. Lakeway attracts families, professionals, and executives who value address-level school verification, central location, and neighborhood character. The Keenan Group has served Lakeway buyers and sellers for 25+ years.
| Metric | Lakeway | Lakeway Average |
|---|---|---|
| Median Sold Price (12M) | $1.01M | $1.06M |
| Avg Days on Market | 74 days | 81 days |
| Sale-to-List Ratio | 95.2% | 90.8% |
| Price per Sq Ft | $324 | $295 |
| Active Listings | 157 | 86 |
| Homes Sold (12M) | 126 | 12 |
| Months of Supply | 15.0 | 86.0 |
Data as of . Source: Keenan Group at Compass Real Estate, Austin MLS (ACTRIS). Benchmark reflects the citywide market cohort labeled above.
School district: Lake Travis ISD
| School | Type | Grades | Rating | Distance |
|---|---|---|---|---|
| Lakeway Elementary School | Regular | KG-5 | A- | 0.5 mi |
| Serene Hills Elementary School | Regular | PK-5 | A+ | 1.3 mi |
| Lake Travis Elementary School | Regular | PK-5 | C+ | 2.2 mi |
| Lake Travis High School | Regular | 9-12 | A | 2.3 mi |
| Lupine Lane | Early Childhood Program/Child Care Center | PK-TKG | — | 2.8 mi |
| Rough Hollow Elementary School | Regular | KG-5 | A- | 2.9 mi |
| The Magnolia School |
Source: ATTOM Data, U.S. Census. Reported at the neighborhood/community level.
| Neighborhood | Median Price | School District | ZIP | Active Listings |
|---|---|---|---|---|
| Lakeway (you are here) | $1.01M | Lake Travis ISD | 78734 | 157 |
| Hills of Lakeway | $564K | Lake Travis ISD | 78734 | 10 |
| Rough Hollow | $905K | Lake Travis ISD | 78738 | 49 |
| Sweetwater | $690K | Lake Travis ISD | 78738 | 27 |
| Bee Cave | $895K | Lake Travis ISD | 78738 | 20 |
Last updated
Joe Keenan possesses all the qualities hoped for in a real estate agent. He is honest, hard working, attentive to needs, courteous, and respectful. He is also attentive to details and did his due diligence in making sure the properties we were interested in were what they purported to be. He quickly notified us when he found discrepancies. Joe Keenan was our advocate. He anticipated needs and obstacles and took the needed steps to make sure we could move into our home as planned. Joe Keenan often had to cue and remind our inexperienced lender to keep things moving forward in preparation for closing. We were fortunate to find Joe Keenan to assist us with this process. He is our agent for life and we highly recommend his services.
Nanette and Ronald Wilde
Buyers in Austin, TX
We retired from Chicago and Joe helped us find a home in Lakeway. He spent a full day showing us different sections — Lakeway Highlands, the original Lakeway, and areas near the resort. He was straightforward about the commute to Austin proper and helped us decide that the lake access, the golf, and the slower pace were worth the 30-minute drive when we needed to go downtown. We bought a four-bedroom near the marina and joined the club. Joe even suggested a moving company that had handled other Midwest-to-Texas relocations. Thoughtful guy.
A. Novak
District guides, ratings, and school-zone pricing impact
An incorporated Lake Travis city in 78734 with waterfront access, three golf courses, resort-style amenities, and Lake Travis ISD schools — 25-35 minutes from downtown Austin.
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
Written by Joe and Cara Keenan — 25+ years selling Lake Travis waterfront and Lakeway properties.
Lakeway is an incorporated city on the south shore of Lake Travis in western Travis County, Texas, located in ZIP code 78734 about 25-35 minutes west of downtown Austin. It is a resort-style community built around Lake Travis waterfront access, multiple golf courses, and outdoor recreation. The city is served by Lake Travis ISD, one of the highest-rated districts in the Austin metro. Lakeway has three major golf facilities — Lakeway Resort and Spa (Live Oak and Yaupon courses), Flintrock Falls, and Hills of Lakeway — plus tennis, swimming, and marina access. Current market context: median sold price $1.0M, 157 active listings, and 126 trailing-12-month closed sales.
Source: Written by Joe and Cara Keenan — 25+ years selling Lake Travis waterfront and Lakeway properties.
Map & Boundary
Active Listings
157
Lakeway is for buyers who want to live on or near the water without leaving the Austin metro. It is the only incorporated city on Lake Travis with its own police department, city services, and zoning control — which gives it a level of infrastructure and consistency that unincorporated lakefront areas lack. The result is a community that feels like a resort but functions like a real city.
The housing stock spans a wide range. Entry-level condos and townhomes near the Lakeway Resort start around $400K. The core single-family market runs $600K-$1.2M for 3-5 bed homes in established neighborhoods. Waterfront and golf-course properties command $1.5M-$5M+, depending on lot size, water frontage, and dock access. That range makes Lakeway accessible to both young families and retirees alongside luxury buyers.
Where Lakeway buyers and residents actually eat — from date night to weeknight favorites.
| Name | Cuisine / Type | Price | Highlights | Last verified |
|---|---|---|---|---|
| Wine Bar / New American | $$$ |
| 2026-03-27 | |
SP Brazilian Steakhouse 900 Ranch Rd 620 S, Ste B108, Lakeway, TX 78734 |
Trails and outdoor activities that buyers and locals ask about most.
| Name | Highlights |
|---|---|
Canyonlands & Mt. Lakeway Trail System |
|
Hamilton Greenbelt |
|
Family favorites, date night ideas, and local experiences close to the neighborhood.
| Name | Highlights |
|---|---|
High 5 Entertainment |
|
Lake Travis Zipline Adventures |
|
Side-by-side comparison with similar Austin neighborhoods based on price range, school district, and location.
| Neighborhood | Median Price | Active Listings | Guide |
|---|---|---|---|
LakewayCurrent | $1.0M | 157 | You're here |
| $564K | 10 | View Guide | |
| $905K | 49 | View Guide | |
| $690K | 27 | View Guide | |
| $895K | 20 | View Guide |
Prices based on trailing 12-month polygon-based market data. Contact Keenan Group for a personalized comparison.
12 transactions totaling $6.52M | Avg list price $543K
| Address | List Price |
|---|---|
| 14709 Longbranch Dr | $525K |
| 15101 S Flamingo Dr | $699K |
| 208 Darwins Way | $600K |
| 14 GREEN TERRACE Cv | $400K |
The live Lakeway MLS market snapshot shows a median sold price of $1.0M, 157 active listings, 74 days average days on market, and $324 average sold price per square foot, based on 126 closed sales in the trailing 12-month market dataset.
Sales-through should be read with inventory and pricing together: 126 trailing-12-month closed sales, 54 pending listings, 15.0 months of supply, and a 95% sale-to-list ratio.
Lakeway is 20 miles west of downtown Austin, accessed primarily via Highway 71 and FM 620. The city's commercial services are concentrated along FM 620 and Lakeway Boulevard, with additional retail at the Oaks at Lakeway shopping center and nearby Bee Cave's Hill Country Galleria.
The commute is the defining daily consideration. Highway 71 moves well outside peak hours, but the FM 620 corridor through Bee Cave and Westlake can bottleneck during rush. Many Lakeway residents have structured their work lives around this reality — the city has one of the highest work-from-home rates in the Austin metro.
Lakeway's identity is built around the lake. The water is not just an amenity — it structures social life, weekend routines, and property values in ways that non-lakefront communities do not experience. Summers revolve around boating, swimming, and waterfront dining. That seasonal rhythm is what draws people here and what keeps them.
The growth challenge in Lakeway is traffic on FM 620 and the limited east-west corridor capacity. The city has invested in road improvements, but the fundamental geography — a narrow corridor between the lake and the hills — constrains expansion. That constraint is also what protects existing property values.
Lakeway buyers typically compare with Bee Cave, Steiner Ranch, and the broader Lake Travis north shore. The decision comes down to commute tolerance, water access priorities, and golf preferences.
Lakeway is 25-35 minutes from downtown Austin during off-peak hours via Highway 71 or FM 620. During peak rush hour, the commute can stretch to 40+ minutes. Bee Cave and Hill Country Galleria are 10-15 minutes east. Austin-Bergstrom Airport is 35-45 minutes away.
Lakeway is primarily in ZIP code 78734. This ZIP covers the incorporated city of Lakeway and surrounding areas along the south shore of Lake Travis.
Lakeway is served by Lake Travis ISD. The school path includes Lake Travis Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis High is consistently rated among the top public high schools in the Austin metro and is known for its athletics programs, including multiple state football championships.
Lakeway and Bee Cave share Lake Travis ISD but offer different lifestyles. Bee Cave is 10-15 minutes closer to Austin with better retail (Hill Country Galleria). Lakeway has more waterfront access, a resort community identity, and three golf facilities. Bee Cave's median price ($895K) is higher than Lakeway's ($680K) because of more new-construction single-family inventory.
The Keenan Group is the #1 Austin Board of Realtors Team (2024) with 25+ years selling Lake Travis waterfront and Lakeway properties. With $1B+ in career sales, we help buyers navigate waterfront complexities including LCRA dock permits, water-level impacts, and waterfront valuation. Contact us at (512) 415-7653.
The Keenan Group at Compass is the #1 ranked team by the Austin Board of Realtors (2024) with 25+ years serving Lakeway. Joe and Cara Keenan have completed 1,000+ career transactions and $1B+ in career sales volume, with deep expertise in Lakeway pricing, schools, and market dynamics. Their 8-person team includes specialists in residential sales, relocation, and new construction. Contact Keenan Group for a confidential consultation: (512) 415-7653.
Current live MLS market data for Lakeway shows median pricing around $1,011,000. Prices range significantly by product type, size, condition, floor plan, and proximity to amenities. For exact median price, price bands, sales-through, and a property-specific valuation, contact the Keenan Group for a market brief.
Lakeway is a residential neighborhood in Austin, Texas (ZIP 78734) known for Lake Travis ISD school context, established tree canopy, and proximity to downtown Austin. Current market data shows median pricing around $1,011,000, and pricing should be reviewed by price band, property type, and recent sales. Lakeway attracts families, professionals, and executives who value address-level school verification, central location, and neighborhood character. The Keenan Group has served Lakeway buyers and sellers for 25+ years.
| Brazilian Steakhouse |
| $$$$ |
|
| 2026-03-27 |
| New American / Seafood | $$$ |
| 2026-03-27 |
| Interior Mexican | $$ |
| 2026-03-27 |
| American / Brunch | $$$ |
| 2026-03-27 |
| Breakfast / Brunch | $$ |
| 2026-03-27 |
| French Creperie / Cafe | $$ |
| 2026-03-27 |
| Japanese / Sushi | $$ |
| 2026-03-27 |
| Hawaiian Poke | $ |
| 2026-03-27 |
| American / Sports Bar | $$ |
| 2026-03-27 |
| Steakhouse | $$$$ |
| 2026-03-27 |
| American / Casual | $$ |
| 2026-03-27 |
| Tacos / Tex-Mex | $ |
| 2026-03-27 |
Lakeway City Park Loop Trail |
|
River Place Nature Trail |
|
Pace Bend Park |
|
Mansfield Dam Park |
|
Rough Hollow Trails |
|
Lakeway Resort & Spa |
|
Rough Hollow Yacht Club & Marina |
|
Hurst Harbor Marina |
|
Lakeway City Park Beach & Swimming |
|
The Clubs of Lakeway - Live Oak & Yaupon Golf |
|
The Hills Country Club - Flintrock Falls |
|
Lakeway Swim Center |
|
Our Results
550+ homes sold across Austin. See our track record and client results.
| Alternative/Other |
| PK-8 |
| — |
| 2.9 mi |
| 103 Morning Cloud Cv | $485K |
| 205 Copperleaf Rd | $420K |
Showing 6 of 12 sales in Lakeway. View all
Browse current listings in Lakeway. Updated daily from Austin MLS.
Lakeway, TX 78734
Lakeway
MLS# 9619519 • Courtesy of ACTRIS
$4,050,000
$687/sqft
Lakeway, TX 78734
Lakeway Sec 9 & Sec 13 First R
MLS# 5907107 • Courtesy of ACTRIS
$3,950,000
$776/sqft
Austin, TX 78738
Lakeway Highlands Ph 1 Sec 8A
MLS# 2088056 • Courtesy of ACTRIS
$3,500,000
$605/sqft
Austin, TX 78734
Lakeway Sec 01
MLS# 5235685 • Courtesy of ACTRIS
$2,850,000
$771/sqft
Austin, TX 78738
Lakeway Hlnds Ph 1 Sec 5
MLS# 6397453 • Courtesy of ACTRIS
$2,699,000
$569/sqft
Lakeway, TX 78738
Hills Lakeway Ph 04
MLS# 7336394 • Courtesy of ACTRIS
$2,695,000
$461/sqft
Lakeway, TX 78734
Lakeway Sec 05
MLS# 5527946 • Courtesy of ACTRIS
$2,550,000
$577/sqft
Lakeway, TX 78734
Coves At Lakeway
MLS# 7184552 • Courtesy of ACTRIS
$2,499,000
$433/sqft